MENU

Four Reasons to Give from Your IRA

WordPartners


November 04, 2022

Smart and Convenient Giving for Supporters Over 70½

Here’s an insider tip . . .

More and more supporters ages 70½ and older give to WordPartners directly from their individual retirement accounts. For those who qualify, IRA gifts offer a convenient, cost-effective, and powerful way to elevate God’s life-giving Word in the hearts, lives, and ministries of pastors and their people.

You can give up to $100,000 per year as a single person or $200,000 per year as a married couple from separate IRA accounts.

What makes a qualified charitable distribution from an IRA so appealing?

  1. If you don’t need the income, your IRA administrator can write a check directly from your account to WordPartners. It’s a simple way to meet all or part of your required minimum distributions and give in a meaningful way!
  2. Charitable distributions reduce your taxable income. This is advantageous even if you don’t itemize deductions on your tax return.
  3. Gifts from your IRA can be used to fulfill any charitable giving pledges you have made.
  4. Any IRA distributions you make to charity will not be taxed. The entirety of your gift will go toward WordPartners!

Is giving from your IRA the right solution for you? To learn more about this and other convenient and cost-effective ways to support WordPartners, call Brad Warren at (800) 980-2226 or email [email protected]

More Stories